POLITICAL ASPECTS • Political uncertainty in Malaysia with Prime Minister Abdullah Badawi set to step down in March 2009. • Deputy Prime Minister Najib Razak is expected to take over the ruling-coalition party‚ but with a cloud of allegations. • Political unrest in Thailand recently when anti-government protesters recently blocked flights for a week at Bangkok’s main airports. • ASEAN nations have been pushing Indonesia to scrap its Rp.1 million ‘Fiscal’ charge to all Indonesian citizens and
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CHINA’S TELECOMMUNICATIONS INDUSTRY INTRODUCTION China has developed a huge telecommunications sector. Today China is one of the largest telecom subscribers in the world’s telecommunication market. China’s telecommunications industry started to expand during early 1990s due to economic growth‚ technological improvements‚ low tax rates‚ and institutional changes‚ which allowed competition. Figure 1 shows that electronic-telecom industry had the fastest growth of sales revenue during
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Country Profile and PESTEL Analysis Political Factors Romania is an independent parliamentary republic with judicial‚ executive and legislative branches of government. the president serves as Romania’s chief of state. the prime minister serves as the head of the government and is appointed by the president with the consent of the parliament. the capital city is Bucharest. in accordance to risk assessment‚ Romania has low political risk. after the falling of communist regime‚ Romania has
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Political/Legal forces Malaysia is a multi-racial country and there are around 55% of the population are Malays. In order to serve Islam market‚ Halal certification is required for food retail industry. In Malaysia‚ Halal certification can be obtained from the Department of Islamic Development Malaysia (JAKIM 2011). The Halal Food scheme are covered by the production‚ preparation‚ handling and storage of the food that will be serve and will be monitor by the JAKIM committee. According to Malaysia’s
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Political – legal factors ABB is a company which has headquarter also in Czech Republic. Czech Republic is a country with democratic legal system. The power is divided in three parts: legislative‚ executive and court which are mutually balanced and democratically controlled. The constitution of Czech Republic includes some insurance‚ which have to help to restrict state power and prevent to abuse the power especially in human rights. ABB Ltd. was established as a limited liability company and its
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The sustainability of DCB Bank agenda has expanded rapidly. It reflects the company’s increasing focus on the wider nature of business and made the stakeholders growing interests in competitive world of business. There is now a great awareness about the global challenges such as climate changes‚ poverty‚ scarcity of resources‚ and demographic shifting. The responses came from the government and from different businesses‚ as well as the non-profit organization helped DCB Bank made it possible for
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create an uncertain environment and have an impact on the function of the whole organization" (Tsiakkiros‚ 2002). A number of checklists have been developed as ways of cataloguing the vast number of possible issues that might affect an industry. A PEST analysis is one of them that is merely a framework that categorizes environmental influences as political‚ economic‚ social and technological forces. Sometimes two additional factors‚ environmental and legal‚ will be added to make a PESTEL analysis
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This Industry Risk Ratings report from IBISWorld evaluates the inherent risks associated with the Petrochemical Manufacturing in the US industry. Industry Risk is assumed to be ’the difficulty‚ or otherwise‚ of the business operating environment’. The report looks at the operational risk associated with this industry. Three types of risk are recognized in our analysis. These are: risk arising from within the industry itself (structural risk)‚ risks arising from the expected future performance
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What is the story? The article states how all Chipotle restaurants across the nation have been closed on February 8‚ 2016 in an effort to educate and enforce new safety procedures and food preparation procedures. This is in response to numerous incidents of E.coli in the food last year. Chipotle hopes to regain the trust of its customers‚ and regain their reputation as a safe‚ environmentally friendly‚ and tasty restaurant. What did the managers do? It is stated that ‘significant steps’ have
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Within the marketing management sector of a business the importance of strategic planning is paramount. There are two main situational analysis techniques that are used within the industry to do this‚ SWOT and PEEST. Mintzberg and Waters (1985) wrote about the importance of an error free strategy formulation allowing for the most efficient path to be taken when achieving the chosen objective. With the use of a multitude of academic sources and my own notes I shall reveal the importance of this in
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